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salary floor

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This Post:
00
281800.1
Date: 9/2/2016 5:52:03 AM
A WildCats
ASL
Overall Posts Rated:
1212
Second Team:
A WildCats II
I don't think I can afford my league's salary floor which is $ 338 242 in 8 weeks.
What should I do besides arena expansion?

This Post:
00
281800.3 in reply to 281800.2
Date: 9/2/2016 3:27:14 PM
A WildCats
ASL
Overall Posts Rated:
1212
Second Team:
A WildCats II
Thanks.
it seems I can't expand my arena big enough to pay the salary floor and am going in debt,
but that's all I can do anyway.

From: AMS_

This Post:
11
281800.4 in reply to 281800.3
Date: 9/2/2016 3:45:00 PM
Overall Posts Rated:
22
The salary floor does not apply to new teams for their first sixteen weeks.

From: WildCats

To: AMS_
This Post:
00
281800.5 in reply to 281800.4
Date: 9/2/2016 3:50:40 PM
A WildCats
ASL
Overall Posts Rated:
1212
Second Team:
A WildCats II
What I'm afraid of is after that period, which applies to me in eight weeks.

This Post:
11
281800.7 in reply to 281800.1
Date: 9/3/2016 3:00:19 AM
Overall Posts Rated:
66
Hi there! I was also just promoted to JBBL, Based on what the average TV contract is in the league, our income is set to jump up and extra merchandise sales should help us out. For now I am expanding my arena. We will also get extra income from cup games I believe so keep yourself alive there if possible.

This Post:
00
281800.8 in reply to 281800.7
Date: 9/3/2016 3:33:22 AM
A WildCats
ASL
Overall Posts Rated:
1212
Second Team:
A WildCats II
still it's expensive for me. I'm not sure if I can survive the league or not economically, lol.

This Post:
00
281800.9 in reply to 281800.8
Date: 9/3/2016 3:47:03 AM
Overall Posts Rated:
14901490
As Perpete said (it is too late now and will have to wait) you should increase your seat prices. Even with a small arena and you can make 400k in D1. As soon as you can, set the bleachers at $20 (max) and they will sell out easily. Set LT at $70 (max) and they will also sell out. Lower Tier you can probably set it at over $160 and still sell out. Finally, I think your 22 Boxes can probably sell out at $1200 and probably more.

You have 3 weeks to check what other newly promoted teams in Japan or elsewhere can sell at what price. The next Price change is taking effect on 27/9.

Last edited by Lemonshine at 9/3/2016 3:48:51 AM

This Post:
00
281800.10 in reply to 281800.9
Date: 9/3/2016 4:03:01 AM
A WildCats
ASL
Overall Posts Rated:
1212
Second Team:
A WildCats II
oh, dear. I wanted to know such info early before today, lol. such highly prices are, however, sold out? I was just following the recommendation as buzzer manager stated. let's see at the next price change.

This Post:
00
281800.11 in reply to 281800.10
Date: 9/3/2016 4:25:37 AM
Overall Posts Rated:
14901490
You got a promotion bonus and that is huge. Even without bonus, you can sell out bleachers at $20 with a 14k-15k arena (so you can safely assume your bleachers should be at $20 for some time).

I'm sorry I didn't see your post before. I recommend you find 4-5 newly promoted teams in other countries and check what their prices are and how much they sell. So you can get it exactly right next time you can change prices in 3 weeks.

Arena v price comparison works this way:
Boxes: the number of seats to keep in mind is just the boxes sold per level of price set
Courtside: the number here is the Boxes+Courtside sold, because if you can sell 10 Boxes at $1000 and 150 LT at $150, you would also sell 160 Courtside at $150 if you had no boxes.
LT: Boxes+Courtside+LT sold
Bleachers: all seats sold

As I said I'm pretty comfortable that at least Bleachers and LT should be at the maximum or near it. Courtside I'm not sure, but if it's not the max it should be fairly close. Boxes (at 22 like you have) are debatable and require some research.

Last edited by Lemonshine at 9/3/2016 4:26:43 AM